Pramata Unveils AI Negotiator, Streamlining Contract Tasks and Cutting Processing Time by 50%

Pramata Launches AI Negotiator, Cutting Time Spent on Contract Tasks by 50% SAN FRANCISCO--(BUSINESS WIRE)--Pramata, a leading provider of enterprise-grade contract AI solutions, has announced the launch of AI Negotiator. This new tool integrates directly into Microsoft Word and offers advanced contract analysis, review, comparison, and negotiation acceleration features. Designed for legal and procurement teams, AI Negotiator provides intelligent document comparisons and historical negotiation insights, along with automated redline suggestions and comprehensive contract health checks. Pramata's AI Negotiator aims to significantly reduce the time spent on critical contract negotiation tasks by up to 50%, while maintaining accuracy. This is particularly important as legal departments grapple with increasing contract volumes and seek efficient ways to manage them. According to the Federal Bar Association’s 2025 Legal Industry Report, 31% of over 2,800 surveyed legal professionals use generative AI at work, with many incorporating it into their daily and weekly workflows. Achint Agarwal, Vice President of Product at Pramata, emphasized the need for specialized contract management tools. "Businesses require contract AI solutions that are not just generic document analyzers but are tailored to their specific risk tolerance and negotiation standards. Pramata’s AI Negotiator is designed to meet these needs, providing business-aware capabilities that understand and cater to an organization’s unique requirements," he said. This latest release ensures that legal teams can process higher volumes of contracts without the need for additional resources or extensive onboarding. It also allows them to maintain organizational compliance without disrupting existing workflows. Key Benefits of Pramata’s AI Negotiator Efficiency: Early adopters of AI Negotiator have reported dramatic time savings, with some users seeing contract processing times drop from three days to just ten minutes. Another user noted a reduction of two to three minutes per redlining task after only 15 minutes of onboarding. Accuracy: The solution maintains complete accuracy, ensuring that contracts are reviewed and negotiated with precision. Scalability: Organizations can handle larger numbers of contracts without the need for more staff or a lengthy setup process. Compliance: Legal teams can ensure compliance with organizational standards without altering established workflows. “AI Negotiator not only maximizes the value of contract data but also accelerates the contract lifecycle, helping businesses close deals faster,” added Agarwal. About Pramata Pramata is at the forefront of enterprise-grade contract AI, offering a next-generation platform that addresses crucial business challenges such as preventing revenue loss, reducing vendor costs, and ensuring compliance. For two decades, Pramata has provided trusted contract AI solutions to some of the largest companies globally, including McKesson, ICE, AbbVie, and Callaway Golf. For more information, visit www.pramata.com. More News From Pramata Pramata continues to innovate in the contract AI space, delivering solutions that help organizations optimize their contract processes and drive greater efficiency. Stay tuned for more updates on their latest advancements.